Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Oil production in the third quarter of 2023 contracted 1.6% compared to the same period last year;
Liquidity in the financial system continues to grow intensely and interest rates continue to react significantly;
Gross credit to the non-financial sector stood at close to AOA 5.8 trillion in September, having registered a nominal increase of 19% yoy in total, corresponding to around AOA 929 Bn.

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BFA

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